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Well Established Jaguar Specialist For Sale

(Ref: AL105)

Box Hill, Surrey, United Kingdom

Financials

Asking price: £20,000

Sales revenue: £700,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

 

Business description
Established in the mid eighties and based in its current premises in the very attractive area of Box Hill in Surrey, surrounded by villages inhabited with some of the highest net worth individuals in the UK, Luxton Jaguar, as the name suggests specializes in the service, maintenance and repair and sales of pre-owned Jaguars. The business also offers MOT’s which it outsources to a third party with whom it has had a longstanding and successful relationship.

Managed by the Owner with a fully trained technician employed on a part time basis, who brings a wealth of technical knowledge, experience and expertise to the company, the business, a ‘boutique-style’ operation is located in very well suited premises with good facilities including a small showroom and a highly visible forecourt with space for up to 10 cars. Located close to Junction 9 of the M25, this business has established itself as one of the region's leading Jaguar specialists.


Employees: The Owner of the business is responsible for the day-to-day running of the business supported by a part-time mechanic.

Property: Leasehold


Lease terms
Secured on a rolling contract, rent is approximately £1,110 per month. Rates are £60 per week. It is understood that a formal lease will be granted to new Owners, subject to negotiation.

Location
The business is ideally located close to Junction 9 of the M25 on the main thoroughfare through the small village of Box Hill in Surrey.

The premises are approximately 1,000 square feet in all split equally between workshop and showroom/display area with a forecourt to the front of the premises with space for 10 cars. Equipped with CCTV, the outlet includes a small washroom and kitchenette. Secured on a rolling contract, rent is approximately £1,110 per month. Rates are £60 per week. It is understood that a formal lease will be granted to new Owners, subject to negotiation.


Competition / Market
This business has advertised in Jaguar specific interest magazines in the past and there are excellent opportunities to increase this to market the business more aggressively and to significantly increase turnover. The business has a very well designed and informative website in-keeping with the Jaguar brand which performs very well in all the major search engines for all appropriate search terms. The website also feeds in to the Autotrader website in relation to pre-owned car sales. A high proportion of the business's revenue however has been due to its excellent reputation for quality and service and the most cost effective form of marketing, strong word of mouth recommendation.

Support & training
The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.

Reasons for selling
The current owner wishes to relocate to another part of the UK.


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